SPX Has Topped For The Year Or Pabst Will Leave ET

Quote from Pa(b)st Prime:

So 585pts into this move will be 1353 SPX. That will be my stop on this 10 lot. IF 1354 is penetrated then I'll start again at 1364.

Covered I assume?
 
Quote from trendy:

Covered I assume?

Covered 5 on a 59 stop. Still short 5.

Trying to sell an additional 5 on a 63 offer (I didn't have it entered when the mkt traded 63.25:mad: )
 
Quote from Pa(b)st Prime:

Covered 5 on a 59 stop. Still short 5.

Trying to sell an additional 5 on a 63 offer (I didn't have it entered when the mkt traded 63.25:mad: )


Sold 5@1362.00
 
you just show them who is boss Pabst !

I am rooting for ya !

(for full disclosure, this am all short positions still not filled, were filled, so I am loaded short 100% in my long puts portfolio with a very tight stop in all of them of course.)


Quote from Pa(b)st Prime:

Sold 5@1362.00
 
Quote from optionpro007:

you just show them who is boss Pabst !

I am rooting for ya !

(for full disclosure, this am all short positions still not filled, were filled, so I am loaded short 100% in my long puts portfolio with a very tight stop in all of them of course.)

Thanks. I see something here that may not be THE top but IMO we come off 10-15pts lickety split.
 
Quote from Pa(b)st Prime:

Thanks. I see something here that may not be THE top but IMO we come off 10-15pts lickety split.

we will not for one simple reason: we've been up too long.

any pullback now and shorts will take the oppurtunity to end the hurt.



any pullback will be met by shortcovering.....IMO. :cool:
 
Pabst, are you still holding short? If so, prepare to make some back. How much? How far will it go? Am I sure? I don't know. I don't know. My system has an 80% probability of being right from trade start to trade end. Trades usually last a few days, though.

For those not already in a trade, I suggest waiting until 9:30AM EST tomorrow morning to get short. If you trade the ES you can set yourself an 85 point stop loss from tomorrow's day open. (This isn't a day trade, you could be in it for nearly 2 weeks.)

-Raystonn
 
I want the market to pull back tomorrow into next week.

But when you say things like that with an economic report coming out which you are ignoring, I just know it will go up tomorrow.. :(.

Shhhhhhhhhh

Quote from Raystonn:

Pabst, are you still holding short? If so, prepare to make some back. How much? How far will it go? Am I sure? I don't know. I don't know. My system has an 80% probability of being right from trade start to trade end. Trades usually last a few days, though.

For those not already in a trade, I suggest waiting until 9:30AM EST tomorrow morning to get short. If you trade the ES you can set yourself a 48 point stop loss from tomorrow's day open. (This isn't a day trade, you could be in it for nearly 2 weeks.)

-Raystonn
 
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